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5. How to take the measure of innovation

Inside the Strategy Room

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Measuring Innovation Metrics and Benchmarking Performance

This chapter explores the key steps organizations need to take to start using metrics for measuring innovation, including benchmarking performance. The speakers discuss the importance of considering profit margins and commercial execution when evaluating innovation and R&D portfolios. They also highlight the need for a holistic view of innovation, combining upstream R&D investment with downstream commercialization and monetization.

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